SBA Communications (SBAC) Reports Q2 Revenues Slightly Below Consensus; Offers FY18 Revenue Outlook

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Go back to SBA Communications (SBAC) Reports Q2 Revenues Slightly Below Consensus; Offers FY18 Revenue Outlook

SBA Communications Corporation Reports Second Quarter 2018 Results

July 30, 2018 4:01 PM EDT

Updates Full Year 2018 Outlook

BOCA RATON, Fla.--(BUSINESS WIRE)-- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended June 30, 2018.

We continued our strong operational performance in the second quarter, commented Jeffrey A. Stoops, President and Chief Executive Officer. Adjusting for currency, leasing revenue, tower cash flow and Adjusted EBITDA were all ahead of our expectations for the quarter, evidencing the underlying strength in our business. In the U.S., the four major wireless service providers are all active investing in their... More